Homes for sale - 311 Lolita, Santa Maria, CA 93458

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Marissa Buss & Danny Lampert

marissabussre@gmail.com +1(818) 515-7131

Listed by CJ Hegney • Keller Williams Realty Central Coast

$ 425,000

Est. payment | -/mo

2 Beds

2 Baths

1,026 SqFt

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$ 425,000

Est. payment | -/mo

Save

2 Beds

2 Baths

1,026 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,026 sqft

Price per Sqft $414

MLS Listing ID PI-25233638

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $150/mo

Year Built 1984

Lot Size 10,000 Sqft

Property Sub-Type Townhouse

Source California Regional Multiple Listing Service (CRMLS)

Property Description

RENOVATED AND CASH FLOWING! This upgraded townhome is already generating $3,000/month in rental income, offering solid cash flow from day one. This property delivers immediate returns with minimal overhead and an 8.5% CAP rate. Although the ROI is great, the renovations and move-in-ready condition make it a perfect starter home as well! Inside, you'll find brand-new carpet and flooring, fresh interior paint, and new kitchen & bathroom countertops that elevate the space. The main level features a sunlit living room with a stone fireplace, a half bathroom, and a dining area that opens to a spacious, newly fenced private patio with direct access to the private 2-car carport. Upstairs are two large bedrooms, each with WALK-IN CLOSETS, built-in linen storage, and a shared tub/shower bathroom. This property comes with the WASHER AND DRYER INCLUDED, along with all kitchen appliances, making it ready for its next lucky owner. The kitchen is clean and functional with a new refrigerator, a functional dishwasher, beautiful countertops, and modern touches throughout. Located in a desirable complex with LOW HOA dues, this is a low-maintenance, high-yield asset. Schedule a showing to see your next home or investment!

Location

State CA

County Santa Barbara

Area Smia - Santa Maria

Interior

Interior Features Attic Fan, Open Floorplan, Pantry, Kitchenette, Quartz Counters, Remodeled Kitchen, Utility Sink, Walk-In Pantry

Heating Central

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type Family Room, Gas, Living Room

Inclusions Washer, Dryer, Refrigerator

Laundry Dryer Included, In Closet, Inside, Upper Level

Exterior

Parking Features Carport, Concrete, Detached Carport, Driveway

Pool None

Community Features Sidewalks, Storm Drains, Street Lights

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

View Y/N No

View None

Building

Lot Description Sprinklers, Corner Lot, Corners Marked, Front Yard, Landscaped, Lawn, Level with Street, Lot 20000-39999 Sqft, Near Public Transit, Sprinkler System, Sprinklers On Side, Walkstreet, 11-15 Units/Acre

Sewer Public Sewer

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Marissa Buss & Danny Lampert

Lic# 01770909 | 01834114

marissabussre@gmail.com

+1(818) 515-7131

2475 Townsgate Rd Ste. 160, Westlake Village, CA, 91361

311 Lolita Santa Maria, CA 93458

Marissa Buss & Danny Lampert

Key Details

Location

Interior

Exterior

Building

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311 Lolita